Caribbean MLSReal Estate

#8 TERANOVA ESTATES

Available on request

The brief

The reason to consider it.

Turnkey 2-Bedroom Apartment – Fully Furnished. This well-maintained 2-bedroom, 1-bathroom apartment located off Cowpen Road offers spacious interiors and comfortable living. Fully furnished and move-in ready, the unit includes all major appliances—refrigerator, stove, washer, and dryer. Enjoy a generous yard space featuring mature fruit trees, including mango, perfect for outdoor relaxation. Ideal for a couple or small family seeking a quiet, safe and convenient location.

Last confirmed

Type
Apartment
Land
1,195 ft²
Year built
Available on request

What this listing includes

  • Furnished
  • Kitchen
  • Laundry

What people say about Bahamas

Sources agree that foreigners can own Bahamian property outright and that an ordinary home purchase needs a registration filing through a Bahamian lawyer, not a discretionary permit.

  • Positive Foreign buyers mostly register rather than seek a permit; permit applies to large or commercial land
  • Mixed Closing costs are dominated by a 10% transfer VAT for foreign buyers, usually split with the seller, plus legal fees
  • Mixed Annual property tax is being reshaped in 2026 (new foreign owner-occupied category), and Bahamian realtors dispute fairness
  • Concern Vacant land owned by foreigners carries a notably heavier tax until built on

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law